Coinbase News: South Carolina Drops Lawsuit Over Staking Services

In a significant development for the cryptocurrency industry, Coinbase has been cleared of legal charges related to its staking services in South Carolina. Here’s a detailed summary of the event:

South Carolina Drops Lawsuit Against Coinbase Over Staking Services

South Carolina has officially dropped its lawsuit against cryptocurrency exchange Coinbase regarding its staking services. The case, which accused Coinbase of offering unregistered securities through its staking program, was dismissed on March 27, 2024, following a joint stipulation between the South Carolina Attorney General’s securities division and Coinbase. The lawsuit was originally filed in June 2023, alongside a separate federal lawsuit by the U.S. Securities and Exchange Commission (SEC), which was dismissed in February 2025. Coinbase’s Chief Legal Officer, Paul Grewal, celebrated the decision.

BNB Perpetual Futures Arrive on Coinbase

Coinbase has announced the launch of BNB perpetual futures on its international platforms. This marks a significant expansion of Coinbase’s derivatives offerings. The BNB-PERP market will become available on or after 9:30 AM UTC on April 3, 2025, on Coinbase International Exchange and Coinbase Advanced. The introduction of BNB perpetual futures presents new opportunities for traders on the platform.